June 12, 2006—The California State Teachers’ Retirement System (CalSTRS), the second-largest pension fund in the country, recently announced plans to invest in West Sacramento’s broad redevelopment and revitalization efforts by constructing a 14-story headquarters building. The new building is expected to increase operational efficiency by consolidating staff currently housed in three buildings into a single, team-oriented work environment.
Utilizing the latest breakthroughs in sustainable building science and technology, the 14-story office tower atop a five-level parking structure will be constructed to meet the Silver-certificate LEED designation. The building’s design incorporates high performance building systems and water conservation measures in order to reduce or eliminate negative impacts on the environment.
The tower will feature energy-efficient glazing and be oriented in the east-to-west direction to maximize access to natural light and to minimize direct solar heat gain throughout the 400,000 square feet of interior space.
While the estimated cost of construction is $176-$186 million, the long-term cost savings due to sustainable construction and energy-efficient features is estimated at $1.7 million annually.
Groundbreaking is planned for fall 2006, with move-in expected in spring of 2009. For more information on the building project, visit CalSTRS’ HQ Information Center.
